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Sep 26, 2012
09/12
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long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents al
long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at...
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Sep 26, 2012
09/12
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government is failing us as a whole. it's the institution of government. and i mentioned self-inflicted political uncertainty. let me make a quick point. we've had three major political uncertainties not additives, but, in fact, multiplying each other and a fourth looming. the debt ceiling debate last year sent us in to a spiral. the discussion out of europe and the lack of a solution on the sovereign debt issue amplified the spiral. the chinese handover, which is not going well is causing an economic slowdown, almost freefall over there. those three things are amplifying economic events, causing business to not invest. and therefore in the united states, this looming fiscal cliff is the fourth data point that's a multiplier. you put all that together, that is a failure of politics. in essence, you know, whichever president it is and whichever congress it is, they're not working out solutions. >> that's where i was going to go. because, you know, whichever president matters a whole lot. i just want to ask your personal view. i've known you a long time. mr.
government is failing us as a whole. it's the institution of government. and i mentioned self-inflicted political uncertainty. let me make a quick point. we've had three major political uncertainties not additives, but, in fact, multiplying each other and a fourth looming. the debt ceiling debate last year sent us in to a spiral. the discussion out of europe and the lack of a solution on the sovereign debt issue amplified the spiral. the chinese handover, which is not going well is causing an...
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Oct 1, 2012
10/12
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the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful lot of money sitting on the seed lines us a was noted back in an article back in july/august. almost 44% of the total value is held at cash in company coffers. this money needs to get spent. needs to get spent expenditures, hiring new staff. sitting in the bank is not helping anybody. >> who is spending shall steel makers, equipment makers more gloom about business conditions, sentiment deteriorating sharply. they expect domestic demand to falter, as well. in that mood, they won't be spending anymore money, are they? >> well, again, as the survey had indicated, some of the larger manufacturers are amongst the m
the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful...
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Oct 2, 2012
10/12
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that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to work plus why he's putting pressure on p&g to get rid of the company's ceo, that interview coming up after the break. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at
that makes sense, good at growing government and good at being part of government but i don't know -- >> the right person in that office could do wonders for this country. >> it should be about jobs. it shouldn't be about taxes. it should be about jobs, jobs, jobs. donald trump, thank you. >> so long, so long, sam. >> bye-bye now. >>> coming up next, bill ackman's big investing idea the activist fund manager joining to us discuss where he's putting his money to...
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Sep 27, 2012
09/12
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we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to preempt conditionality by having extreme austerity. we're talking about possibly getting cuts as much as 30% in agriculture, public works and infrastructure. across the board, and there are real concerns that far from being the remedy this could entrench the recession and make it harder for this country to pull itself out of the mire because there are a lot of things that government doesn't control. it doesn't control the regional budgets of places such as a andalucia and catalonia and the other. of course we had a banking sector crisi
we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to...
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Sep 25, 2012
09/12
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>> i this i there's no question that this is a mandate on whether you think government needs more tax dollars right now or we need to address the situation of the spending and n inc incurrence of more debt. we need to find a way to come together and have to act like folks do and their families and businesses and say normal reasonable people can disagree but let's find ways to work together and set aside those disagreements. >> if the president is reelected, how do you work with him and what is the proposal that's put on the table to try and move forward at some point? >> again in the hypothetical, if the president is reelected, i do think that he said he's not signing a bill that will keep taxes and the rates where they are. now we'll have to see what kind of sort of growth in revenue that he is talking about, and what form that's going to take. i think mitt romney has said all along, too, that in tax reform, we want to wring down rates for everybody, but he's also said he wants to close the loopholes. >> he said he'll work with congress to figure out what that is. >> that's been the
>> i this i there's no question that this is a mandate on whether you think government needs more tax dollars right now or we need to address the situation of the spending and n inc incurrence of more debt. we need to find a way to come together and have to act like folks do and their families and businesses and say normal reasonable people can disagree but let's find ways to work together and set aside those disagreements. >> if the president is reelected, how do you work with him...
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Oct 3, 2012
10/12
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we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>> we've got to run. we're going to come back shortly. when we come back, we're going to talk baseball and politics after the break. and every day since, we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to ameri
we don't need the government to do anything. >> right. >> we just need the government to make sure that there are no bad players. >> but, jim, for a while, we weren't -- there was a stated intention to not add to infrastructure for hydrocarbon based energy. that's where we were four years ago. we had to get completely reject that notion. do it now. >> with respect to natural gas, it's all privately funded. it's not government funded. >> right. okay. >>>...
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additional grant for the federal government. had a white politician done this to a white crowd crowd, saying a black president was denying funds to a white section of the country as not part of the community, the press would tear him alive. if you don't believe me, ask trent lott. >> is it also the way president obama was speaking? did it raise his eyebrows to you and it shows president obama is different than the way he regularly portrays himself? >> anderson, i'm from louisiana, if i were talking to you the way i talked to friends back home, you wouldn't be able ton me. >> my dad is from mississippi. >> this is a politician pandering to a crowd. george bush would sound more southern below the mason/dixon line. and the right still lamb upons hillary clinton for trying to put on an accent. politicians on both sides do that. >> roland martin what do you make of this obama video? >> i think it's utterly laughable that sean hahnity, daily caller and the rest of these folks are making this out to be significant. something written on
additional grant for the federal government. had a white politician done this to a white crowd crowd, saying a black president was denying funds to a white section of the country as not part of the community, the press would tear him alive. if you don't believe me, ask trent lott. >> is it also the way president obama was speaking? did it raise his eyebrows to you and it shows president obama is different than the way he regularly portrays himself? >> anderson, i'm from louisiana,...
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one segment on the role of governing and one segment on the role of government in people's lives, john. so how this is going to be set up is that the candidates will be sitting at podiums. if you're looking at your tv screen, mitt romney on your left, president obama on your right. the first question tonight, john, goes to barack obama. >> well, will they have a chance to mix it up and rebutt each other in a free-flowing way. >> organizers hope to have a flee-flowing discussion. this is the kind discussion we like to see because it allows the two candidates to discuss it amongst themselves. if there are questions about each other's plans, they can directly ask each other that. we have not seen that in this campaign and we'll see it tonight. >> you said the economy will likely be the big subject in the debate tonight. we have new polling to give a sense of what voters are saying about this right now. >> it is, john. no surprise, people are very downtrodden about the economy. let's look at the new cnn poll just released coming on the air. it shows that 73% of americans believe that there
one segment on the role of governing and one segment on the role of government in people's lives, john. so how this is going to be set up is that the candidates will be sitting at podiums. if you're looking at your tv screen, mitt romney on your left, president obama on your right. the first question tonight, john, goes to barack obama. >> well, will they have a chance to mix it up and rebutt each other in a free-flowing way. >> organizers hope to have a flee-flowing discussion....
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Sep 27, 2012
09/12
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government, there is a vacuum. al qaeda has the wherewithal to take advantage of that. al qaeda looks for safe havens around the world and it seems, appears now, that's exactly what al qaeda was doing with libya, trying to insert themselves where it was a weak or ungoverned space and take advantage of it to our great detriment. >> fran townsend, thank you very much. >>> other news tonight, what was likely his last visit with the u.n. general assembly, mahmoud ahmadinejad called for a new world order. as he was speaking, rudy giuliani blasted president obama for not taking stronger action. former mayor giuliani joins me, ahead. e i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day women's 50+
government, there is a vacuum. al qaeda has the wherewithal to take advantage of that. al qaeda looks for safe havens around the world and it seems, appears now, that's exactly what al qaeda was doing with libya, trying to insert themselves where it was a weak or ungoverned space and take advantage of it to our great detriment. >> fran townsend, thank you very much. >>> other news tonight, what was likely his last visit with the u.n. general assembly, mahmoud ahmadinejad called...
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Sep 27, 2012
09/12
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if they can't tell us who did it and why, the libyan government is on the wrong side. >> and mr. leak, you broke the story today in the daily beast that this was a terror attack. you say they new within 24 hours. it was in the intelligence community that not only pointed to al qaeda but they were able to pin point the location of one of the attackers but there were a number of clues if you will that were outside of the intelligen intelligence committee. they congratulated the attackers in bengazi. the date of the attack is another thing. there was intelligence coming in. intelligence sources say they located one attacker using social media. did they know his location? >> yes, but i'm -- i withheld details on that because the person as i understand is still at large. do we know if anyone has been targeted or arrested? >> at this point i have mixed signals. there were 50 people or so arrested by libyan authorities. it is unclear, but in terms of u.s. actions, nothing has been done at this point. you have talked to a number of sources on this? >> as the story was coming out in the a
if they can't tell us who did it and why, the libyan government is on the wrong side. >> and mr. leak, you broke the story today in the daily beast that this was a terror attack. you say they new within 24 hours. it was in the intelligence community that not only pointed to al qaeda but they were able to pin point the location of one of the attackers but there were a number of clues if you will that were outside of the intelligen intelligence committee. they congratulated the attackers in...
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he briefs government officials on al qaeda. and eli lake, with information about what the u.s. knew. eli, you have been investigating whether susan rice, the u.n. ambassador, was, in addition to receiving the talking points, obviously now everyone knows what those included, right, including that it was not a preplanned attack, also had perhaps been briefed on classified information, which could have included different pieces of information, obviously. what have you found? >> well, the main thing to understand is that the key piece of intelligence that informed the unclassified assessment that this was a spontaneous reaction to a video protest was an intercept between a member of ansar al sharia, and al qaeda in north africa. so that fact that it comes from that conversation, there are lots of reasons as to why the intelligence community would not want that information to be out there. one would compromise sources. the other is this there is a risk if you name groups like that, you could be creating a situation where you're getting false confirmation. someone may have seen a rep
he briefs government officials on al qaeda. and eli lake, with information about what the u.s. knew. eli, you have been investigating whether susan rice, the u.n. ambassador, was, in addition to receiving the talking points, obviously now everyone knows what those included, right, including that it was not a preplanned attack, also had perhaps been briefed on classified information, which could have included different pieces of information, obviously. what have you found? >> well, the...
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Sep 30, 2012
09/12
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that government is an independent government, and it will defend itself. they did not accept this. some furnished weapons. and when clashes start, no one displays any mercy. they kill. the other side kills in return. and it never stops. >> is iran selling weapons to the syrian government? and if it's not selling weapons, are you aware of iranian weapons being given to the syrian government? >> translator: i believe that there are many ahead of a line in supplying weapons in assad. we would never reach our turn. it's quite obvious who those individuals are, who those countries are. >> were you pleased that osama bin laden was killed by american navy s.e.a.l.s on the instruction of president obama? >> translator: i would have been happier to see a transparent trial, a formal trial, and find out the root causes of all of the events of the last few years. >> you have been reported as saying that you believe it is possible that the american government were partly responsible for the events of 9/11. that caused a huge outrage. do you stand by that position? >> translator: of course the w
that government is an independent government, and it will defend itself. they did not accept this. some furnished weapons. and when clashes start, no one displays any mercy. they kill. the other side kills in return. and it never stops. >> is iran selling weapons to the syrian government? and if it's not selling weapons, are you aware of iranian weapons being given to the syrian government? >> translator: i believe that there are many ahead of a line in supplying weapons in assad....
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our government tells us that they want us there. they don't. there is so much more involved that i know, it is not even -- i don't even want to get into it now with you, but it will all come out soon enough. but the end of the day, my justice is to another parent wouldn't feel the heartache that i feel. i'm done inside. they tore my whole heart out. i have a hard time going to bed. i think about him every day, every minute, his brothers kill me when i look at them because they're hurt, his mom is hurt so bad. but they didn't just take my son. they destroyed my family. and i don't want other families to feel the pain i'm feeling. i don't want to see another family out there see their son being brought back on a plane and being rolled off a plane in a box with an american flag around it. but you know what, it was our government that dropped the ball and they won't admit it. this boy should have been protected inside a military base. we're training people and my son said, dad, we're training people that are going to turn the weapons on us and kill
our government tells us that they want us there. they don't. there is so much more involved that i know, it is not even -- i don't even want to get into it now with you, but it will all come out soon enough. but the end of the day, my justice is to another parent wouldn't feel the heartache that i feel. i'm done inside. they tore my whole heart out. i have a hard time going to bed. i think about him every day, every minute, his brothers kill me when i look at them because they're hurt, his mom...
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it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'll win re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies he's advocated are going to produce good economic results. if people thought it was like another recession, he would be in trouble. it's not like another recession. they know it. >> people say the paralysis in washington, the inability to get in a room and get a deal done. i interviewed newt gingrich. he said the way it were with president clinton, you would be in a room full of advisers, you fling them out, it's you and him, get it done, compromise, get it done. why is that not happening now and what advice do you give to barack obama to try to get into that kind of m
it kept people working and paying taxes and off the government payrolls. because it created new jobs. if you look at his annual spending budgets, they are about 2% increase. that's less than the rate of inflation. so, i think that the reason that i believe he'll win re-election is we are beginning to recover. we have a higher rate of job creation since the recession bottomed out in the middle of 2009 than in the previous eight years. and, we are moving in the right direction and the policies...
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Sep 27, 2012
09/12
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the government says it underreported the number of jobs added. translation, both president obama and mitt romney may be adjusting the stump speeches. we'll explain next. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xts has arrived, and it's bringing the future forward. [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglite
the government says it underreported the number of jobs added. translation, both president obama and mitt romney may be adjusting the stump speeches. we'll explain next. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you?...
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the difference is this is a government with a record of supporting terror. no one talking about this very much but if they had a nuclear weapon they would be very dangerous. even if they never use it. even if you believe that too bad things will happen if they get a bomb. that brings me to the second point that iran has the extensive contacts with terrorist groups. it put in the same fertilizer bomb that timmy mcvey used in oklahoma city. just that little bit. the prospect of spreading in a way dirty nuclear bombs with smaller payloads that would reek havoc and do unfold damage goes up every time some new country gets this capacity and you don't have any control over and you don't know whether they do over what happens to the fiscal material. >> if israel was to launch a strike because they believe that iran is right on the cusp of developing a nuclear weapon. if they do that what should america's response be? >> i shouldn't answer that question because of my wife's position. that's the president and security team desire of a decision to make. i generally ha
the difference is this is a government with a record of supporting terror. no one talking about this very much but if they had a nuclear weapon they would be very dangerous. even if they never use it. even if you believe that too bad things will happen if they get a bomb. that brings me to the second point that iran has the extensive contacts with terrorist groups. it put in the same fertilizer bomb that timmy mcvey used in oklahoma city. just that little bit. the prospect of spreading in a way...
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Sep 25, 2012
09/12
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allowing students to borrow directly from the government. now obama proposes to slow tuition growth bin creasing state grants. yet, he would need congress to help fund that. >> i'm not going to go out and promise all sorts of free stuff that i know you are going to end up paying for. what i want to end up doing is give you a great job so you can pay it back yourself. >> reporter: mitt romney's plan, remove burdensome regular ligss and get the government out of the student loan business. romney says the flood of federal dollars just drives up tuition. molly broad of the american council on education says that the recession's heavy toll on state budgets is also a factor. >> when the state reduces its support, the only other place to turn for most colleges in the public sector is to increase tuition. >> reporter: either way students like jackie feel left out in the cold. >> a lot of people that don't have students in college or don't have kids my age think like, oh, you are wealthy enough to go to college or you get financial aid from the gover
allowing students to borrow directly from the government. now obama proposes to slow tuition growth bin creasing state grants. yet, he would need congress to help fund that. >> i'm not going to go out and promise all sorts of free stuff that i know you are going to end up paying for. what i want to end up doing is give you a great job so you can pay it back yourself. >> reporter: mitt romney's plan, remove burdensome regular ligss and get the government out of the student loan...
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Sep 29, 2012
09/12
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but what i see now is a government in baghdad increasingly aligned with a government in tehran. it's almost a nightmare scenario for the u.s. but tell me if you see that same nightmare scenario unfolding. >> i have a slightly different view. i think it's too much of a caricature to say that prime minister malaqi is a puppet. he is sensitive to iranian interests. he's conducting a bit of an independent policy, particularly in syria, wsh he appears to have concluded that the fall of bashar assad cuts against his own interests. so he is increasingly out of sorts with american policy in syria. which is an unfortunate outcome particularly after all that sacrifice. >> the u.s. has limited influence in iraq right now, but the hus has a huge embassy in baghdad with a limited amount of influence. the question we pose in the book is did it have to be that way. >> and what's the answer? >> the answer is no. the answer is that it certainly there are a lot of nationalist pressures in iraq and it would have been difficult to negotiate to keep maybe 5 thousand troops but the way the administra
but what i see now is a government in baghdad increasingly aligned with a government in tehran. it's almost a nightmare scenario for the u.s. but tell me if you see that same nightmare scenario unfolding. >> i have a slightly different view. i think it's too much of a caricature to say that prime minister malaqi is a puppet. he is sensitive to iranian interests. he's conducting a bit of an independent policy, particularly in syria, wsh he appears to have concluded that the fall of bashar...
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Sep 25, 2012
09/12
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government endorsed. i think that's the right approach. >> you know, when the highest hate of america and the lowest like of america in the world and then we take that money to be well spent? >> well, i think we have an interest in making clear that while we stand up for our values of free speech, the u.s. did not endorse this film and create a distance in u.s. policy. what we're seeing around the region is not a reaction to u.s. policy, it's a reaction to a particular set of events in this film and i think we're trying to create some distance. >> thank you very much. appreciate you taking the time. >>> next, what is the legal definition of mother hood. a woman going to court to keep the child that she gave birth to >>> and a strong warning from the royal health organization about another virus. this one is in the same class that causes sars. you have the right to live free from the fear of identity theft. our pledge to you? as long as there are identity thieves, we'll be there. we're lifelock. and we off
government endorsed. i think that's the right approach. >> you know, when the highest hate of america and the lowest like of america in the world and then we take that money to be well spent? >> well, i think we have an interest in making clear that while we stand up for our values of free speech, the u.s. did not endorse this film and create a distance in u.s. policy. what we're seeing around the region is not a reaction to u.s. policy, it's a reaction to a particular set of events...
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Sep 28, 2012
09/12
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dollars to the rebels, and the government, well, the u.s. government is nott happy about this. brian todd has the story. >> reporter: outgunned at the beginning, syrian's rebels have gradually gained strength, taking the fight more directly to bashar al assad's regime and scoring victories. could some of the victories have started from this computer in washington? >> that's where you can actually identify where they conduct -- where they have a stronghold. >> brian heads the u.s.-based arm of the syrian support group, a nongovernmental group dedicated to helping the syrian rebels. >> why did you want to do this? >> well, you know, i have a son, and he's 18 months old, and i think that -- i saw too many images of what was going on there. 2-year-olds that are, you know, white, pale, and lifeless. >> on his group's website, you can donate usesing a credit card or pay says pal. the website explicitly states your money can be used by the free syrian army to buy weapons. he says they've raised a couple hundred thousand dollars so far. most of it from a syrian ex-pats. it's all legal.
dollars to the rebels, and the government, well, the u.s. government is nott happy about this. brian todd has the story. >> reporter: outgunned at the beginning, syrian's rebels have gradually gained strength, taking the fight more directly to bashar al assad's regime and scoring victories. could some of the victories have started from this computer in washington? >> that's where you can actually identify where they conduct -- where they have a stronghold. >> brian heads the...
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the government is still saying 64% of government budget will be spent on social issues and social spending. we're not exactly rolling up the carpet and going home. the problem is, as spain enters its third year of recession, the people in the country are saying it's not enough, suzanne. what we're now looking for is whether or not spain has done enough to introduce austerity that the europeans will be happy with. but at the same time, that some form of economic growth going forward. >> any reaction from the people in the streets? we've seen protests erupted on tuesday. this is not good news. do we expect there's going to be more violence? >> well, you know, one hesitates to ever say what the mob on the street will ever do. i haven't heard what's happening in barcelona or other cities where there's been major disturbances. what you need to focus on now is yes, the streets and the people because that's a driving force of what the government will decide. but the government is between a rock and the pro verbal. it's got to keep the people reasonably happy -- let me rephrase that. at least not
the government is still saying 64% of government budget will be spent on social issues and social spending. we're not exactly rolling up the carpet and going home. the problem is, as spain enters its third year of recession, the people in the country are saying it's not enough, suzanne. what we're now looking for is whether or not spain has done enough to introduce austerity that the europeans will be happy with. but at the same time, that some form of economic growth going forward. >>...
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government agency counterparts. if they couldn't secure it, you ask the host government. if the host government is incapable, we did fly in additional marines to guard the embassy in tripoli. was there military u.s. personnel available to help secure it. obviously that didn't happen. it's one of those unanswered questions we don't know but what we do know is the consequences of failing to secure the crime scene absolutely will call into question the integrity of the information that's gathered there. >> bob, what does this say to you, that this site was not secured? >> anderson, i think the whole thing's just outrageous. i completely agree with fran. look, that consulate was overrun and we don't even begin to understand what was lost there. we've lost crypto, files, money, personal documents. we don't even know, this administration is not telling us. the fact that the diary was found in the consulate, and the fact that there wasn't -- i've heard that there's a quick reaction force tried to get to the consulate but was attacked at the airport, benghazi airport. this hasn't
government agency counterparts. if they couldn't secure it, you ask the host government. if the host government is incapable, we did fly in additional marines to guard the embassy in tripoli. was there military u.s. personnel available to help secure it. obviously that didn't happen. it's one of those unanswered questions we don't know but what we do know is the consequences of failing to secure the crime scene absolutely will call into question the integrity of the information that's gathered...
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every $10 federal government comes up with, local government has to come up with a dollar. now here's the thing, when 9/11 happened in new york city, they waved the safford act saying we can't ask new york city to rebuild. they said, here's $10 and that was the right thing to do. when hurricane andrew struck in florida, people said, look at this devastation. we don't expect you to come up with your own money. here's the money to rebuild. we are not going to wait for you to scratch it together. because you're part of the american family. >> what's happening down in new orleans? where is your dollar? where is your stafford act money? makes no sense. doesn't mean the bullet has been taken out. tells me that somehow the people down in new orleans don't care about as much. >> president obama, that was five years ago. you decide whether this shows a side of barack obama never been seen before as the daily collar suggests or if it's nothing new. some say the president is speaking in a different kind of voice than he does in other speeches. you can also decide the same thing about
every $10 federal government comes up with, local government has to come up with a dollar. now here's the thing, when 9/11 happened in new york city, they waved the safford act saying we can't ask new york city to rebuild. they said, here's $10 and that was the right thing to do. when hurricane andrew struck in florida, people said, look at this devastation. we don't expect you to come up with your own money. here's the money to rebuild. we are not going to wait for you to scratch it together....
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in yemen, libya, because of a weak government. we know al qaeda has the wherewithal to take advantage of that and they look for safe havens around the world and it seems, it appears now that is what al qaeda was doing with libya, trying to insert itself where it was a weak space and take advantage of it to our great debt tremt and tragedy. >> i appreciate your reporting with your sources. thank you very much. >>> in what was likely his last speech at the u.n. general assembly, mahmoud ahmadinejad called for a new world order. as he was speaking rudy giuliani was blasting president obama for not taking stronger action against iran. former mayor rnl religion joins me ahead. how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief... try thermacare. turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the co
in yemen, libya, because of a weak government. we know al qaeda has the wherewithal to take advantage of that and they look for safe havens around the world and it seems, it appears now that is what al qaeda was doing with libya, trying to insert itself where it was a weak space and take advantage of it to our great debt tremt and tragedy. >> i appreciate your reporting with your sources. thank you very much. >>> in what was likely his last speech at the u.n. general assembly,...
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government personnel who were in libya at the time of the attack. they have gotten as far as tripoli but never gotten to benghazi. they made a request that the crime scene be secured as we know from arwa damon's reporting and other public reporting, the state department, we don't know whether or not the state department put that request to the libyans and whether it was denied or what happened to. what we know for sure is the crime scene was never secured and the senior law enforcement official i spoke to said if we get there now it is not clear it will be of any use to us. the third and critical and astoonishing point to me is one of the things we have to do is question the individuals, the libyans have in custody to get to the bottom of this and understand what they are learning. in fact, they made that request with from the state department. that was denied by libya. so the fbi has to pass questions from the state department to the libyan government. they put the questions and you wait, sort of like a child's game of telephone, for that informati
government personnel who were in libya at the time of the attack. they have gotten as far as tripoli but never gotten to benghazi. they made a request that the crime scene be secured as we know from arwa damon's reporting and other public reporting, the state department, we don't know whether or not the state department put that request to the libyans and whether it was denied or what happened to. what we know for sure is the crime scene was never secured and the senior law enforcement official...
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embassy officials were warned by the libyan militia connected to the government, they couldn't secure benghazi. the british ambassador was attacked in june and of course, the attack happened on september 11th and once again, once the attack happened, u.s. intelligence knew within 24 hours that it was linked to al-qaeda. also, "the daily beast" eli lake reports they even knew the location of at least one of the attackers. eli is with me tonight on what u.s. intelligence knew in the immediate aftermath. also with us is jeff porter, an adviser on political and security risks and jeffrey cousins. great to see you. and eli, let me start with you. you have had so much of the first reporting on this and now, you have some more information on when intelligence intercepted some of those communications in the immediate aftermath of the attack. what were the extremists, the attackers, talking about? >> the conversations were between members of al sharia, a local organization that has an affinity for al-qaeda and al-qaeda and the islamic affiliate for all of north africa. in those conversations t
embassy officials were warned by the libyan militia connected to the government, they couldn't secure benghazi. the british ambassador was attacked in june and of course, the attack happened on september 11th and once again, once the attack happened, u.s. intelligence knew within 24 hours that it was linked to al-qaeda. also, "the daily beast" eli lake reports they even knew the location of at least one of the attackers. eli is with me tonight on what u.s. intelligence knew in the...
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the central government is outnumbered and to go to the central government and say do something about this is unrealistic. >> tom, very quickly. >> if i could add one more comment. the other issue is even if the libyans say we're going to provide our best troops, our best police officers to come in and provide perimeter security, you don't know what kind of background checks or who they're loyal to. you could have a situation like in afghanistan, that people that we have been working with and training and side by side turned and fire on our people. so that's the dangerous aspect here. you can only have confidence if it's u.s. force protection but bringing that much equipment and even armor as bob mentioned is not feasible. >> given that mortars were involved you would have to have a pretty huge perimeter to be able to secure both sites. tom, appreciate your expertise. fran, as well. bob baer, thanks. join us on facebook, follow me on twitter right now. let us know what you think about this situation. >>> next, we will introduce you to the fine art of predebate trash talking. that's to
the central government is outnumbered and to go to the central government and say do something about this is unrealistic. >> tom, very quickly. >> if i could add one more comment. the other issue is even if the libyans say we're going to provide our best troops, our best police officers to come in and provide perimeter security, you don't know what kind of background checks or who they're loyal to. you could have a situation like in afghanistan, that people that we have been working...
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government response has frankly been confusing. u.n. ambassador susan rice has said the attacks were not preplanned. secretary clinton said she had absolutely no information or reason to believe there is any basis to suggest that the u.s. ambassador was on an al qaeda hit list as a target. the state department said u.s. officials at that post never passed along the warning from the libyan government on militias and security in benghazi. now the administration appears to be backtracking a little bit, at least on the assertion about whether the attack was preplanned or not. but the take-away right now from the administration, when you take a step back and look at this information and the conflicts in the information, appears to be this. the americans on the ground failed to tell washington about the risks, so it isn't the state department's fault that they didn't stop it. well, why so much confusion? chris coons is on the senate foreign relations committee, he has been briefed on the situation. and first, sir, thank you very much for taki
government response has frankly been confusing. u.n. ambassador susan rice has said the attacks were not preplanned. secretary clinton said she had absolutely no information or reason to believe there is any basis to suggest that the u.s. ambassador was on an al qaeda hit list as a target. the state department said u.s. officials at that post never passed along the warning from the libyan government on militias and security in benghazi. now the administration appears to be backtracking a little...
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that describes the intelligence give p as talking points to government officials days after the attack in libya. is there any way this could add up? mike rogers is "outfront" tonight. plus, the l word. that's what both candidates are being called. liars. is this what we should expect wednesday night? and the attack was detected and foiled, but it was on our top secret nuclear trigger. let's dpo "outfront." "outfront" tonight, the buck stops at the white house. cnn has learned that the white house chose to leave out key intelligence from the attack on americans in libya. now, there were three things u.s. intelligence has confirmed to be tree. the attacks were preplanned, terrorist attacks and the work of al-qaeda linked groups. intelligence expert who has worked in the pentagon for two decades tells "outfront" the key information left out of the talking points can only mean the administration is covering something up. u.s. intelligence knew about the link within 24 hours of the attacks and the now infamous comments by susan rice saying the attacks were not preplanned. not the work of te
that describes the intelligence give p as talking points to government officials days after the attack in libya. is there any way this could add up? mike rogers is "outfront" tonight. plus, the l word. that's what both candidates are being called. liars. is this what we should expect wednesday night? and the attack was detected and foiled, but it was on our top secret nuclear trigger. let's dpo "outfront." "outfront" tonight, the buck stops at the white house. cnn...
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you ask in the first instance the host government to do that. if for some reason the libyan prime minister suggested to arwa that they thought they could provide that protection safely, but even if u.s. officials had security concerns where they didn't think that was enough, the next step is to ask the united states military, will they and can they provide protection and to get -- request permission from the host government to allow them to come in, the u.s. forces, solely to protect the perimeter of the scene and the investigators while they are there. and best we can tell, we don't know if that's ever happened. >> so does it make sense to you, the claim that security is the concern for why fbi agents aren't on the ground? >> it doesn't make sense to me because i understand that there are procedures in place to try and mitigate against those risks and concerns and ways to deal with it. >> procedures that 16 days on, you would think could be in place. >> yes, exactly. >> bob, you have been talking to sources at the pentagon. you say the u.s. is
you ask in the first instance the host government to do that. if for some reason the libyan prime minister suggested to arwa that they thought they could provide that protection safely, but even if u.s. officials had security concerns where they didn't think that was enough, the next step is to ask the united states military, will they and can they provide protection and to get -- request permission from the host government to allow them to come in, the u.s. forces, solely to protect the...